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In the negotiations, he said, he tried to get each bidder to boost its offer by alerting it of more favorable competing bids.
Investors seem to think Harbert will need to boost its offer.
AMC had to boost its offer to keep the closely watched deal from falling apart after some shareholders complained that the original price of $30..
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Members of the New York Mercantile Exchange will try to thwart the $9 billion takeover by the Chicago Mercantile Exchange unless the rival futures trading giant significantly boosts its offer, The New York Post reported Tuesday.
Heineken, which is controlled by the Heineken family even though it owns just 23% of the company's equity, has now given notice that it does not want to be bought (though that could change if SAB boosted its offer).
Qwest Communications International boosted its offer for MCI to $8.94 billion Thursday, adding nearly $500 million to its bid to wrest the long-distance phone company away from Verizon Communications.
1.29pm BST The Wall Street Journal agrees that Pfizer cannot boost its £55 offer again (as some analysts have been speculating this morning).
Business, technology and wealth news: Qwest Boosts Its Offer For MCI To $9.7B.
Now Groupon is hoping to tap into a bit of that to boost its own discounted meal offers.
Neither is "offset diplomacy," like Berlin's offer to boost its military commitment in Afghanistan during the Libya crisis.
The company was able to offer those discounts and boost its profits while paying its workers a decent wage, a claim many of Costco's competitors can't make.
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